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Bitcoin Regulation Outside Central Bank's Purview

By DMO Affiliate
Federal Reserve Chairwoman Janet Yellen on Thursday distanced the central bank from oversight of Bitcoin and other virtual currencies. At a Senate Banking Committee, Yellen said, "The Federal Reserve simply does not have authority to supervise or regulate bitcoin in any way." This is the latest sign that emerging forms of digital payment continue to operate in a sort of regulatory black hole.
Bitcoin Regulation Outside Central Bank's Purview

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